Luminar Technologies Inc (NASDAQ: LAZR) kicked off on Friday, up 8.70% from the previous trading day, before settling in for the closing price of $1.15. Over the past 52 weeks, LAZR has traded in a range of $1.08-$18.60.
Annual sales at Consumer Cyclical sector company grew by 4.83% over the past five years. While this was happening, its average annual earnings per share was recorded 52.60%. With a float of $57.26 million, this company’s outstanding shares have now reached $68.76 million.
Luminar Technologies Inc (LAZR) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Luminar Technologies Inc is 16.73%, while institutional ownership is 22.95%. The most recent insider transaction that took place on Dec 23 ’24, was worth 371,254. In this transaction Director of this company sold 72,842 shares at a rate of $5.10, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Director proposed sale 72,842 for $5.29, making the entire transaction worth $385,334.
Luminar Technologies Inc (LAZR) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -2.4 earnings per share (EPS), lower than consensus estimate (set at -2.35) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 39.08% during the next five years compared to 4.83% growth over the previous five years of trading.
Luminar Technologies Inc (NASDAQ: LAZR) Trading Performance Indicators
Take a look at Luminar Technologies Inc’s (LAZR) current performance indicators. Last quarter, stock had a quick ratio of 2.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.97, a number that is poised to hit -1.05 in the next quarter and is forecasted to reach -2.42 in one year’s time.
Technical Analysis of Luminar Technologies Inc (LAZR)
Luminar Technologies Inc (NASDAQ: LAZR) saw its 5-day average volume 11.95 million, a positive change from its year-to-date volume of 4.17 million. As of the previous 9 days, the stock’s Stochastic %D was 10.61%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 6.12%, which indicates a significant decrease from 13.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.2564 in the past 14 days, which was higher than the 0.2140 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9154, while its 200-day Moving Average is $3.5498. Nevertheless, the first resistance level for the watch stands at $1.3067 in the near term. At $1.3633, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.4517. If the price goes on to break the first support level at $1.1617, it is likely to go to the next support level at $1.0733. Assuming the price breaks the second support level, the third support level stands at $1.0167.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
The company with the Market Capitalisation of 85.96 million has total of 68,764K Shares Outstanding. Its annual sales at the moment are 75,400 K in contrast with the sum of -273,140 K annual income. Company’s last quarter sales were recorded 15,630 K and last quarter income was -22,900 K.
